Credit Default Quotes by Daniel L. Doctoroff

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• I do believe CDSs [credit default swaps] have been miscast, much as poor workmen tend to blame their tools. — Unknown Author
• Credit-default swaps, I think, have serious problems associated with them. — Alan Greenspan
• As the financial experts all over the world use machines to unwind Gordian knots of financial arrangements so complex that only machines… — Richard Dooling
• Countries are not like financial markets. Social change cannot be executed as swiftly as credit-default swaps. You cannot sell short on social… — George Papandreou
• The people who did the collateralized mortgage obligations, sold them to pension funds, then sold them short, then bought credit default swap… — Ben Stein
• Main Street investors, who cannot trade credit default swaps, should not be tempted to trade an instrument with the same risk profile… — Daniel L. Doctoroff

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